GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Oct-02 07:06 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

GLD’s weekly structure reflects a sharp countertrend decline within a still-established long-term advance. Futures-oriented swing context is short-term bearish: price is below the 5-, 10-, 20-, and 55-week benchmarks, the pivot and HiLo trends are DTrend, and the latest pivot low is 376.88. The annual F0/NTZ area near 400 has shifted from support to overhead reference, while 411.82 is the next pivot-reversal threshold. The 363.32-360.12 support cluster is the key nearby downside structure. Longer-cycle conditions remain constructive because the 55-, 100-, and 200-week averages retain rising trends, but the rejection from 492.15 and lower-high sequence from 429.42 characterize the present phase as a weekly corrective swing rather than a renewed upside continuation.


Chart Analysis ATS AI Generated: 2026-10-02 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.